United States Consumer Credit Change came in at $-7.49B, below expectations ($10.5B) in November

Jan 8, 2025

Forex Today: Back half of the week brings key datapoints as NFP looms ahead

Markets roiled on Wednesday but mostly stuck within tight ranges as investors gear up for a hectic release schedule ahead of Friday’s key US NFP jobs print.

Gold price rise as Fed minutes suggest cautious easing approach

Gold price climbed during the North American session after the United States (US) Federal Reserve (Fed) struck a neutral to slightly hawkish tone in last December meeting minutes, hinting that it “would be appropriate to slow pace of easing.” At the time of writing, XAU/USD trades at $2,659, up by 0.34%.